American Drive Acquisition Co
ADAC
52 hedge funds and large institutions have $198M invested in American Drive Acquisition Co in 2026 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
16% more funds holding
Funds holding: 45 → 52 (+7)
14% more capital invested
Capital invested by funds: $174M → $198M (+$24.5M)
9.7% more ownership
Funds ownership: 76.37% → 86.07% (+9.7%)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
+$9.97M |
| 2 |
Millennium Management
New York
|
+$4.49M |
| 3 |
TAL
TIG Advisors LLC
New York
|
+$3.99M |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$2.99M |
| 5 |
LGM
L1 Global Manager
Melbourne,
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$975K |
| 2 |
CS
Clear Street
New York
|
-$747K |
| 3 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$635K |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$499K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$136K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| $149K | +$149K | +14,900 | New |
|
52
Morgan Stanley
New York
| $411 | +$299 | +30 | +273% |
|
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$136K | -13,704 | Closed |
|
ADAC Hedge Fund Activity: Q2 2026 in Review
52 of the 8,241 institutional investors tracked by Wall St. Rank reported a position in American Drive Acquisition Co (ADAC) for Q2 2026, worth a combined $198M — up 14% from $174M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ADAC positions and 1 closed out — a net gain of 7 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was MMCAP International, opening a new position worth an estimated $9.97M. The largest seller was CSS LLC, cutting an estimated $975K.
- 52 institutional investors held American Drive Acquisition Co (ADAC) as of Q2 2026, up from 45 in Q1 2026.
- Funds reported $198M of American Drive Acquisition Co stock for Q2 2026, up 14% quarter-over-quarter.
- 8 funds opened new American Drive Acquisition Co positions in Q2 2026 and 1 closed out, a net change of +7 holders.
- The largest American Drive Acquisition Co buyer in Q2 2026 was MMCAP International, an estimated $9.97M added.
- The largest American Drive Acquisition Co seller in Q2 2026 was CSS LLC, an estimated $975K sold.
Based on aggregated 13F filings for Q2 2026.